| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $12M | 1.5% | -1.5% |
| Op. Income | $2M | $2M | $851.0K | -4.5% | 123.7% |
| Gross Margin | 59.9% | 60.5% | 47.5% | -0.6pp | 12.4pp |
| Net Margin | 11.5% | 12.0% | 5.1% | -0.6pp | 6.3pp |
| EPS (Diluted) | $0.43 | $0.45 | $0.20 | -4.4% | 115.0% |
| Free Cash Flow | -$343.0K | $3M | $2M | -112.1% | -116.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $112.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $11M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $512.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $159.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $112.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $11M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $512.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $159.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $159.0K |
| Stock-Based Compensation | $167.0K |
| Deferred Income Tax | $36.0K |
| Other Non-Cash Items | -$131.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$300.0K |
| Capital Expenditure | -$43.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $15M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$343.0K |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $190M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $201M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $635M |
| Tax Assets | $8M |
| Other Non-Current Assets | -$644M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $862M |
| Account Payables | $2M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $680M |
| TOTAL CURRENT LIABILITIES | $700M |
| Long-Term Debt | $69M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $778M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $85M |
| Minority Interest | $0 |
| TOTAL EQUITY | $85M |
| TOTAL LIABILITIES & EQUITY | $862M |
| Total Debt | $87M |
| Net Debt | $80M |
